In reference to the article "Latest crude oil price cycle offers lessons, insights" (OGJ, June 26, 2000, p. 29).
Why do you allow inaccuracies and incomplete quotations? In Oklahoma-sweet crude prices were also below $12/bbl-way below, at $8. Doesn't that say it more strongly than Bill Gilmer's modest report?
Do you really think demand ran oil prices to $30? The NYMEX ran it up. Were there gas lines? The absence of price controls ran it up, after that same absence ran it down!
Don Bradshaw
Kiska Oil Co.
Tulsa
